Greek rescuers were searching for people trapped after a four-storey apartment block collapsed on Tuesday in the Petralona area of Athens, the fire brigade said.Four people who were earlier reported trapped had been located and were safe, but the operation continued, the service said.Crew with resc…
By Niket Nishant and Avinash PWall Street futures ticked higher on Tuesday, during the final trading day of a quarter that saw equities post the biggest gains in years.A slew of economic data, including the JOLTS job openings report and the Conference Board's consumer confidence index, will be in…
THERMOMETERS ARE THE NEW ECONOMIC FORECASTING TOOLIf you’re wondering what the economic outlook looks like, you could read research notes and look at projections. But a quick look at the weather app, or the thermometer in your garden, might also do the trick.“Thermometers, it turns out, have become…
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By Alun John and Ankur BanerjeeThe steadily climbing dollar pushed the yen down to levels not seen since 1986 on Tuesday, heightening expectations that direct intervention from Tokyo was near, even if not immediate, and also putting the euro under pressure.The U.S. dollar climbed to as high as 162…
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By Dharamraj DhutiaIndian government bonds gained in June, with the benchmark 10-year yield logging its biggest monthly decline in seven years, as a crash in oil prices and a surge in foreign investment bolstered sentiment.The yield on the benchmark 6.94% 2036 bond (IN069436G=CC) ended at 6.7501…
By Christoph Steitz and Alessandro ParodiVolkswagen XETR:VOW boss Oliver Blume is planning an historic overhaul of the carmaker to adapt to structural shifts in the global auto market, where rising Chinese rivals, tariffs and weak demand in Europe have upended its business model.The crisis has inte…
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India's National Bank for Agriculture and Rural Development (RBINDN.UL) plans to raise 80 billion rupees ($845.13 million) including a greenshoe option of 60 billion rupees, through a sale of bonds maturing in three years, five months and eight days, three bankers said on Tuesday.NABARD has invited…
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By Amanda CooperGlobal stocks were headed for their best second-quarter performance in six years on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise.Within the past three months, the Strait of Hormuz has re-opened gradually an…
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